New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which country has registered the highest number of

    real-time transactions in the world last year?
    A United States Correct Answer Incorrect Answer
    B China Correct Answer Incorrect Answer
    C India Correct Answer Incorrect Answer
    D United Kingdom Correct Answer Incorrect Answer
    E Japan Correct Answer Incorrect Answer

    Solution

    As per ACI Worldwide report,India has reported the largest number of worldwide real-time transactions last year at 48 billion. India’s number beat its neighbour China, which logged 18 billion real-time transactions, and was 6.5 times greater than the US, Canada, UK, France and Germany combined. India’s real-time payments share of total global payments volume is forecasted to surge over 70 per cent by 2026, with net savings for businesses and consumers forecast to rise to $92.4 billion.

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